ELEMENT ARKITEKTER AS

0178 OSLO

Finances

Share Ownership

Return on Equity

32,5 %

Current Ratio

2,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 394 000	14 153 000	7 750 000	12 223 000
Net Income	1 785 000	2 134 000	256 000	1 222 000
Total Assets	8 472 000	7 985 000	4 628 000	5 596 000
Total Equity	5 493 000	4 908 000	2 974 000	3 018 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 394 000	14 153 000	7 750 000	12 223 000
Expenditure	14 139 000	11 434 000	7 439 000	10 676 000
Operating Profit	2 255 000	2 719 000	311 000	1 546 000
Financial Income	36 000	17 000	20 000	25 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	35 000	17 000	18 000	24 000
Earnings Before Tax	2 289 000	2 736 000	329 000	1 570 000
Tax	504 000	602 000	73 000	348 000
Net Income	1 785 000	2 134 000	256 000	1 222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	231 000	262 000	165 000	231 000
Total Current Assets	8 241 000	7 723 000	4 463 000	5 365 000
Total Assets	8 472 000	7 985 000	4 628 000	5 596 000
Total Retained Equity	5 391 000	4 806 000	2 872 000	2 916 000
Total Equity	5 493 000	4 908 000	2 974 000	3 018 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 979 000	3 078 000	1 654 000	2 578 000
Total Equity and Debt	8 472 000	7 985 000	4 628 000	5 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 394 000	14 153 000	7 580 000	10 273 000
Other Income	0	0	170 000	1 950 000
Revenue	16 394 000	14 153 000	7 750 000	12 223 000
Cost of Goods Sold	225 000	169 000	917 000	1 367 000
Salary Costs	11 733 000	9 513 000	5 475 000	7 810 000
Depreciation	89 000	99 000	67 000	40 000
Impairment	0	0	0	0
Expenditure	14 139 000	11 434 000	7 439 000	10 676 000
Operating Profit	2 255 000	2 719 000	311 000	1 546 000
Financial Income	36 000	17 000	20 000	25 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	35 000	17 000	18 000	24 000
Dividends	1 200 000	200 000	300 000	0
Net Income	1 785 000	2 134 000	256 000	1 222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	10 000	10 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	222 000	252 000	155 000	222 000
Total Tangible Assets	222 000	252 000	155 000	222 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	231 000	262 000	165 000	231 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 114 000	4 932 000	2 982 000	3 599 000
Total Current Assets	8 241 000	7 723 000	4 463 000	5 365 000
Total Assets	8 472 000	7 985 000	4 628 000	5 596 000
Total Equity	5 493 000	4 908 000	2 974 000	3 018 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	260 000	194 000	139 000	521 000
Unpaid Taxes	1 170 000	1 191 000	786 000	879 000
Dividends	1 200 000	200 000	300 000	0
Other Current Debt	1 046 000	1 091 000	654 000	841 000
Total Current Debt	2 979 000	3 078 000	1 654 000	2 578 000
Total Equity and Debt	8 472 000	7 985 000	4 628 000	5 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,5 %	43,48 %	8,61 %	40,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,76 %	19,21 %	4,01 %	12,65 %
Current Ratio	2,77	2,51	2,7	2,08
Quick Ratio	2,77	2,51	2,7	2,08
Equity Ratio	0,65	0,61	0,64	0,54
Gross Profit Margin	98,63 %	98,81 %	88,17 %	88,82 %